DALLAS (AP) — DALLAS (AP) — Sixth Street Specialty Lending, Inc. (TSLX) on Tuesday reported third-quarter profit of $40.7 million.
The Dallas-based company said it had net income of 44 cents per share. Earnings, adjusted for one-time gains and costs, came to 57 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The business development company posted revenue of $119.2 million in the period, also missing Street forecasts. Five analysts surveyed by Zacks expected $119.8 million.
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